Shares in Asia headed for a sixth daily decline amid worries about the Chinese economy and higher interest rates in the U.S. A gauge of the region’s equities opened lower, weighed down by shares in Japan and Australia. Hong Kong equity futures also declined, echoing a Thursday drop on Wall Street.

U.S. futures were broadly flat after the Nasdaq 100 notched its worst three-day slide since February.

Brent crude was trading below $85 a barrel, and West Texas Intermediate was above the $80 mark. The yield on the 10-year U.S. bond was trading at 4.25%, and Bitcoin was below the $27,000 level.

At 8 a.m., the GIFT Nifty, an early indicator of the Nifty 50 Index’s performance in India, was up 26 points, or 0.13%, at 19,309.

India's benchmark stock indices opened lower and declined through Thursday to end the trading session off the day's low. While consumer durables and PSU banking sectors were resilient in trade, energy and fast-moving consumer goods shares dropped.

The S&P BSE Sensex closed 388 points down, or 0.59%, at 65,151.02, while the NSE Nifty 50 ended 100 points, or 0.51%, lower at 19,365.25.

Overseas investors became net sellers of Indian equities on Thursday. Foreign portfolio investors offloaded stocks worth Rs 1,510.9 crore, while domestic institutional investors also turned net sellers and sold equities worth Rs 314 crore. The local currency had a weakest-ever close at 83.15 against the U.S. dollar on Thursday.